@EricBalchunas EricBalchunas
Bloomberg ETF analyst dissecting fund flows, launches, and index mechanics with data
Covers the ETF and asset-management industry as a sell-side-
Grade = how their written analysis reads (A best). Trader score = how their last-20 timestamped calls performed vs SPY. · Analyst brief as of 2026-06-22.
Across their last 20 scored bets: 65% hit rate, -0.32% mean alpha, trader score -0.60. Their last-14d mentions, direction-adjusted, have moved -0.5% since posting (mean over 5 mentions with price data).
Balchunas is focused on ETF market structure, with the heaviest attention on SpaceX-linked leveraged products, crypto-income ETF launches, and issuer economics. His distinctive read is that product demand and trading appetite remain powerful despite macro skepticism, while bonds and broad ESG products face trust and demand problems. Late in the window he surfaced more ESG skepticism and prediction-market product news, while SpaceX ETF volume kept setting records.
The author’s focus intensified around SpaceX-linked leveraged ETFs as holder counts, launch volume, and SPCH trading records kept building through the week. There were no CALL_DIRECTIONAL trades or position disclosures, but his data flow was consistently constructive on ETF demand and skeptical on bonds and broad ESG. Concentration risk is highest in the SpaceX ETF cluster, especially SPCH and SPCX.
| date (PT) | ticker | author | sent | what they said | since then | receipt |
|---|---|---|---|---|---|---|
| 2026-07-02 | · | @EricBalchunas | · | They launched 96 ETFs in the past 30 days, an unusually high launch pace. | · | tweet ↗ |
| 2026-07-02 | BLK | @EricBalchunas | +0.00 | Corgi files for another ETF batch and may surpass BlackRock's current ETF count. | — | tweet ↗ |
| 2026-07-02 | · | @EricBalchunas | · | Author suggests government/Fed support limits severe market downside due to market role in society. | · | tweet ↗ |
| 2026-07-02 | · | @EricBalchunas | · | Poll asks confidence in a future Fed/government backstop for the U.S. stock market. | · | tweet ↗ |
| 2026-07-02 | IGV | @EricBalchunas | +0.20 | Compares AI/SaaSpocalypse trade with death-of-the-mall trade and argues U.S. companies adapt. | — | tweet ↗ |
| 2026-07-02 | CLOD | @EricBalchunas | +0.20 | Compares AI/SaaSpocalypse trade with death-of-the-mall trade and argues U.S. companies adapt. | · | tweet ↗ |
| 2026-07-02 | XSW | @EricBalchunas | +0.20 | Compares AI/SaaSpocalypse trade with death-of-the-mall trade and argues U.S. companies adapt. | · | tweet ↗ |
| 2026-07-02 | GDX | @EricBalchunas | -0.40 | GLD and GDX have rough year and short interest spiked 80% and 50%, per S3 data. | — | tweet ↗ |
| 2026-07-02 | GLD | @EricBalchunas | -0.40 | GLD and GDX have rough year and short interest spiked 80% and 50%, per S3 data. | — | tweet ↗ |
| 2026-07-02 | · | @EricBalchunas | · | SEC described as pro-innovation and considering orderly process for prediction ETF filings. | · | tweet ↗ |
| 2026-07-02 | · | @EricBalchunas | · | SEC's Brian Daly says agency did a bad job with crypto and wants orderly process for ETF filings. | · | tweet ↗ |
| 2026-07-02 | · | @EricBalchunas | · | June ETF flows, launches, and volume were near record levels. | · | tweet ↗ |
| 2026-07-01 | VOO | @EricBalchunas | +0.00 | Reply references possible repeated treatment of VOO but lacks standalone context. | -0.1% | tweet ↗ |
| 2026-07-01 | SPYM | @EricBalchunas | +0.00 | Author calls VOO exclusion a blatant oversight or snub, implying VOO deserved inclusion. | · | tweet ↗ |
| 2026-07-01 | VOO | @EricBalchunas | +0.25 | Author calls VOO exclusion a blatant oversight or snub, implying VOO deserved inclusion. | -0.1% | tweet ↗ |
Grade is our human read-worthiness rating; trader score is a rolling 20-bet hit-rate/alpha composite — different things, often disagreeing. “Since then” is direction-unaware in the table; the summary line above adjusts for which way they leaned.